Hello All,

Michael S. Rozeff has written a gem of a 3 part dissection of Government and 
why it should be rejected in it's entirety:

Part 1:

"We see that where the state is involved, numerous hierarchies incur internal 
agency costs. Legislators delegate funds to the executive branch. The top 
officials there delegate to the FEMAs and HUDs. They in turn delegate to 
lower-level employees. There are layers and layers of agency costs. The same 
thing occurs in companies, but with two significant differences. Companies have 
incentives (a) to minimize the agency costs and (b) adopt new and efficient 
organizational structures. If they don't, competitors can put them out of 
business. In states, the entire structure of monitoring and incentives is weak 
because the taxpayers do not control their agents and because the state shovels 
the agency costs back upon the taxpayers. Periodic revelations of waste, 
scandals and frauds lead to no lasting reform. This shows that voting is a 
rather poor control device to control agency costs. The voters often do not 
know how big the waste is or who's responsible. They do not know what their 
single vote means when there are dozens of programs and millions of other 
voters. It is quite clear that the taxpayer/state institutional structure fails 
to control agency costs as well as they are controlled in free markets. In a 
market, lenders can withhold money. Stockholders can sell their stocks. What 
can taxpayers do? They can't sell their stock in the state. At best they can 
replace their current blue agents in Congress and the Executive with red ones. 
The new guys will misbehave in their own peculiar ways to be sure, but they 
will impose losses on society too because the institutional structure and 
incentives of the state remain exactly the same."

http://www.lewrockwell.com/rozeff/rozeff85.html

Part 2:

"In sum, the institutions for controlling agency costs have been systematically 
ravaged. The movement in the totalitarian direction via explicit removal of 
institutions and measures that control agency costs is unmistakable. The 
outcomes are predictable. If we look at all the changes and more, we recognize 
a common element: destruction of institutions whose aim was to control agency 
costs. We the People were supposed to control the behavior of our agents in the 
state via these institutions. Now our so-called agents control us."

http://www.lewrockwell.com/rozeff/rozeff86.html

Part 3:

"In our day and age, to rescue society from tyranny requires attention to two 
fronts. One is an attack on the state on basic grounds of its immorality and 
the large losses it imposes on society. This has to be accompanied by the 
proposition that free markets are both moral and essential to material and 
spiritual betterment. Second is an attack on the state-supporting economic, 
philosophical, and ethical ideologies that allow society to feel comfortable 
with the state's tyranny. This has to be accompanied by support of philosophies 
that stress rights, reason, and rationalism. In basic terms, what we need in 
part is a recovery of common sense, or that part of it which is the ability to 
understand and distinguish right from wrong. We need a higher level of 
commitment to support right. We need an understanding that the state as an 
organization is an instrument for cultivating and spreading wrong. We need an 
understanding that right behavior is the wellspring of human peace, prosperity 
and happiness. A society whose members cooperate to insure each other against 
rights violations or injustice stands the best chance of holding on to freedom 
and thus the benefits of freedom."

http://www.lewrockwell.com/rozeff/rozeff87.html

Vic

"There is no existing entity called "society"; there are only interacting 
individuals. To say that "society" should own land or any other property in 
common, then, must mean that a group of oligarchs -- in practice, government 
bureaucrats -- should own the property, and at the expense of expropriating the 
creator or the homesteader who had originally brought this product into 
existence."--Murray Rothbard, The Libertarian Manifesto 


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